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? >> and now, bbc world news. >> welcome. the headlines. brought down by the people he trusted. rupert murdoch denies personal responsibility for the phone hacking crisis but says sorry for the victims. >> i would just like to say one thing. this is the -- day of my life. >> drama and chaos as a protestor tries to attack the media tycoon. the i.m.f. calls on euro's own country to tyke decisive action to stop the debt crisis action. and war in somalia. the recruitment of child soldiers is said to be systematic. it's 9:00 a.m. here in singapore. >> it's 2:00 a.m. here in london. broadcasting to viewers on pbs and around the world, this is "newsday"." >> the british prime minister david cameron will make statements to the house of commons later, the start of an all-day debate in the latest developments in the phone hacking scandal. it follows the dramatic testimony on tuesday by rupert murdoch. appearing before m.p.'s, the media tycoon said it was the most humble day of his life but he refused to take personal responsibility for the crisis which engulfs the news world. he appeared before a select
hours, rupert murdoch will face parliament. we're live in london. >> no break in the debt ceiling talks but the white house insists that backstage progress is being made to reach a deal before the august 2nd default deadline on this "american morning." >>> good morning to you. thank you for being with us. 6:00 a.m. in new york this morning. tuesday, july 19th. i was hearing that in parts of iowa the heat index felt like 130 yesterday. it's been brutal out there. >> even this morning on the east coast, it felt different. it felt hotter. we'll be covering that. >>> we're watching that and millions are watching with a worldwide media empire hanging in the balance rupert murdoch is just hours away from facing his defining moment. in less than four hours, murdoch, his son and former top newspaper executive will appear before the british parliament. >> they will be asked what they knew about this phone hacking scandal that's growing wider by the day. it's threatening to take down news corp and perhaps murdoch himself. >> and the question is what they are going to be called upon to explain, wh
finance and criminal allegations, the whirlwinds rocking rupert murdoch's mighty mediame empire. >>> markets in europe are deep in the red on heels of steep markets across asia. how are things moving where you are? >> down, a third session of losses and quite heavy ones. let's check in with the markets. really quite heavy, off by more than 2%, comfortably more than 2%, and with the paris and zurich off by 2.1%, zurich off by more than 2.1% and the same theme as we saw in monday's session which is the banks very heavily being sold at the moment heavily, there is clearing great deal of worry about the contagion spreading to italy about this moving into a generalized crisis with a lot of banks really coming under pressure with non-performing government bonds on their books, and just one other theme, thomas cook is down on a profit warning, but really the whole worry about italy's finances very much putting all of that in state and look at that on the milan stock exchange we're looking at a punishing session off by 4.25%. let's move on to the currency markets not surprisingly we're
, "bbc world news." >> murdoch will appear before the u.k. officials over the hacking scandal. italy's senate has approved a $68 billion package of tax and -- taxes and cuts. forced into hiding as the crackdown in syria continues. we crossed the border to get a rare look into how thousands of families are now living. this is "bbc news." the federal bureau of investigations in the united states as open an inquiry into allegations that rupert murdoch's news corp. packed into phones of victims of the 9/11 attacks. the decision followed a request from federal officials. >> rebuilding is underway at the world trade center site, scene of the 9/11 attacks where 33,000 people -- 3300 people were killed. there are allegations that news of the world journalist tried to obtain the phone records of 9/11 victims. a new york lawmaker put the fbi investigation that is now underway. >> i represent a district that lost 150 people on september 11. anyone who hacked into the folds of those rare killed, those or missing at any time, especially during that tragic time, is indefensible. >> the news corp.
, you're a rupert murdoch customer. the murdochs both father and son have their work cut out for them. >> they have two different things in their testimony tomorrow. they got acknowledge responsibility. they have to say that what is completely obvious is that this wasn't abe ration, it was apparently thousands of people who were hacked and the idea they didn't know is propest rous. at the some time, they can't con fes to crimes. >> another twist a former news of the world reporter a man who blew the whistle has been found dead in his home. one of the first to go on the record saying that his colleagues were encouraged to hack. the death is being treated as unexplained but not suspicious. the hacker group hit the sun, a murdoch paper, it posted fake articles and now some hackers saying they're sitting on news of the world e-mails. >>> two weeks until america runs out of money to pay its bill. just under half of the americans have confidence that president obama will hado the right thing. they're lingering between 25 and 35%. you can see president obama at less than half. 45% is higher
." >> this is bbc world news america. i am rajesh. rupert murdoch will appear on the phone hacking scnadal as the -- scandal as the fbi starts it s investigation. a crackdown in syria continues, and we cross the border to see how thousands are living. pages.e of jane austen's this is not i nthn the hands of the highest bidder. >> we say welcome to our viewers in america and around the globe. next tuesday, rupert murdoch and his son, james ,will appear before british lawmakers about the phone hacking scandal. the fbi has opened an investigation into the hacking into the phones of 9/11 victims. we have this report from the deputy politcal editor. >> parlaiment wants to hold rebecca brooks and james and rupert murdoch to account, to answer questions about why so many people's phones were hacked in the name of news. it was a summons they could not ignore. >> it just is insane. you can't hide away. you can't hide away from this level of anguish and anger. >> the murdochs were reluctant. rupert murdoch said he could not attend, but said he would give evidence. his son, james, said he couldn't ma
by a journalist working for rupert murdoch. >> from greece to italy. eurozone finance minister say that they are determined to stop the crisis from spreading. they say they did not buy their way to success. it is 11:00 a.m. here in singapore. >> 4:00 a.m. here in london. broadcasting around the world. >> that the clinton has said presidents assad of syria has lost legitimacy. she says he has failed to deliver reforms and stop a campaign of violence against his people. she did not call on him to step down but made it clear he had no support in washington. from washington, this report. >> this made washington very angry, an attack on the embassy in damascus. for washington, the fighting and syria has gained a slightly more personal dimension. a few hours after the attack, this was hillary clinton's message to mr. . >> united states strongly condemns the failure to protect facilities in domestic, including french embassies and our ambassadors residents. if anyone thinks that the united states is secretly hoping their regime will emerge from this turmoil to continue its brutality and r
, "bbc world news." >> will he? won't he? rupert murdoch and his son deciding if they will face a parliamentary committee over the british phone hacking scandal. clouds over the italian economy as the senate bets on a 40 billion euro cut package and the markets give their verdict. hours after the death of the afghan president's half brother, four people are killed as they attend his memorial service. welcome to bbc world news. also coming up on the program. in mumbai, the death toll rises to 18. just who did carry out india's worst militant attack since 2008? big dreams from a tiny island. one of the world's smallest countries hoping for olympic success. hello. it could be another landmark moment in the phone-hacking scandal. we should know very seen whether the media tycoon rupert murdoch has agreed to be questioned by members of british parliament. his son, james, and rebecca brooks have also been invited to appear before the hearing. we can go live to westminster. it feels like we're on the deadline hour for learning whether rupert murdoch is going to say yea or nay to appear
, "bbc world news." >> isolated and under pressure, rupert murdoch is deciding if he will give evidence to a british parliamentary committee on the phone hacking scandal. rebecca brooks has said she will go there. what is the risk to rupert murdoch's global empire, especially in the u.s.? the government asks if it is fit and proper to own bskyb. > >> hello and welcome to gmt. i am zeinab badawi. a memorial service for the afghan president's slain brother is marred by another attack on the same day the when it reveals civilian casualties and afghanistan have increased. as the funeral starts for big thumbs of the mumbai bomb attack, indian authorities blame terrorists for the blast that killed 20 and left dozens injured. hello and welcome to gmt. it is midday in london, 7:00 a.m. in washington, and the former editor of the "news of the world" newspaper has agreed to be questioned by british mp's over the phone hacking scandal. the committee is taking further steps. rupert murdoch's news corp. has a knowledge it cannot be business as usual and it has dropped its full takeover bid, at least
and rupert murdoch issues an apology. after years with barely a drop, some regions of kenya are paying a hefty price. >> normally, this area would be teeming with cattle and goats. as you can see, it is completely empty. >> the woman behind the creative crosswords shares tricks of the trade. ♪ >> amid a firestorm of controversy, rebekah brooks resigned as chief executive of news international. there are allegations of her role in the phone hacking scandal and illegal payments to police officers. she said she felt a deep responsibility to the people hurt. rupert murdoch apologized to the family of milly dowler, murdered girl whose hacked phone started the controversy. >> she is the most high-profile casualty so far in the scandal that has spread to both sides of the atlantic. for the past 10 days, rebekah brooks has been a part of the storm that has swept rupert murdoch's empire and remained by his side. today, she decided to step away. she said that recent times have been tough and i need to concentrate on correcting the distortions and rebuffing the allegations about my record as a
is gordon with rupert murdoch's daughter. for years, they stayed close together, but no more. the smiles of fell away. they accuse them of using criminals to investigate his private life. >> i have my bank accounts, my lawyers files, someone was getting information from my lawyers. my tax returns went missing at one point, medical records have been broken into. i do not know how this happened. but i do know one thing. there is absolute proof that news international was involved in hiring people to get this information i do know that the people they work with our criminals. >> he claimed they were looking for information about a flat on this london street that you bought in the early 1990's. >> are you considering resigning? >> this is the editor of "the sunday times." in a statement tonight, the paper said, we believe no law was broken, no criminal was used, and this story was published. he attacked the way reporters that his son was suffering from cystic fibrosis. it left some in tears. >> your son is now going to be broadcast across the media. we are incredibly upset about it. we're th
? >> and now, "bbc world news." >> report murdoch says that he will appear before british lawmakers. the u.s. some of the fbi source her own investigations. the senate has approved cuts and tax increases. -- the fbi started their own investigations. forced into hiding as the crackdown in syria continues, we crossed the border to get a rare look at how thousands of families are living. this is "bbc news." we have handled the crisis well in every way possible, making minor mistakes. those of the words of rupert murdoch in an interview with his own paper, "the wall street journal." there is an investigation that news corp. was hacking into the phones of people. >> parliament has cost them the news of the world, but they would like to hold rebecca broke and -- rebekah brooks and james murdoch to account. this was a summons they could not ignore. >> do the decent thing. the cannot hide away from this level of public anguish. -- you cannot hide away. >> at first, they were reluctant witnesses. rupert murdoch said that he could not attend the session but he was willing to give testimony is an inq
murdoch flew to london to guide the company through the crisis. >> it was all smiles as rebekah brooks and rupert murdoch left a restaurant last night. by allowing media access like this, news corporation is keen to convey a message that it's all business as usual. rebekah brooks stopped to help a photographer who fell over in the melee. it's understood she could soon be interviewed by police as a witness, though she says she knew nothing about phone hacking when she was editor of "news of the world." other news international exec tizz are said to be cooperating fully with the police inquiry. earlier, rupert murdoch gave a very public show of settlement to rebekah brooks. she's said to have offered her resignation twice, only to be turned down. asked what her priority was now, he said this one, referring to her. the murdoches, father and son, refused to answer any detailed questions when they faced the media. it's been a bruising few days for the murdoch empire, but even tougher days lie ahead. more revelations and more arrests are expected. the house of commons could vote to delay the
murdoch and his media empire. germany pushes for a resolution against syria at the u.n. security council in new york. -- prevails in a throughly sprint finish to win his first tour de france. british lawmakers have summoned rupert murdoch and his top executives for questioning the scandal that his on his media outlets, spied on politicians, celebrities, and the victims of crimes. according to police, investigations into those charges are being blocked by his employees. gordon brown has now accused the news managers of hiring criminals to obtain his private information. >> he is what the highest level victims of the hacking scandal. the former prime minister gordon brown. brown has accused the british newspapers of illegally obtaining private information about his family. he alleges the use this information to publish the news that his newborn son was suffering from cystic fibrosis. a new police investigation will ensure that the culprits are punished. >> this looks like yet another example of an appalling invasion of privacy and had been a personal data. my heart goes out to gordon brown
attacks almost a decade ago. nbc's anabel reports on the demise. >> reporter: rupert murdoch arrived in london to oversee the crisis threatening his media empire in britain. on the road to his headquarters he enjoyed one last read of the newspaper he closed down last week. "thank you and good-bye" screamed the front page. it was britain's biggest selling paper with an unbeaten record for exposing corruption but the tables have turned and it is now being investigated following allegations of police bribery and widespread hacking of personal voice mails. few of the current staff were at the paper when these events are alleged to have taken place but all have lost their jobs. >> it's a terrific shame that it's come to this. and as i said to the staff this morning, you know, it's -- nobody wants it to be. >> reporter: mr. murdoch walked out of his london home with rebekah brooks, head of news corp.'s british newspaper. together they face a tempest of criticism and complaint which could jeopardize mr. murdoch's planned $19 billion takeover of britain's largest satellite broadcaster bskyb.
run in elizabeth warren of's future? phone hackingh scandal -- media mogul rupert murdoch called before a committee of british parliament. >> do you have a responsibility? >> no. captioned by the national captioning institute --www.ncicap.org-- >> here is the deal -- as we require this program, we don't know how the debt ceiling business is going to play out over the weekend, but we have to put a program on the air, so here goes. president obama said he hopes to elevate the tone of her political discourse in washington. >> the way we run campaigns, the demonization of what the other side, i think that is broken down some of the trust and washington. >> anyone who witnessed his reckless spending ahabits the past 2.5 years or sat across the negotiating table the past few weeks could be forgiven for being skeptical of his recent attempts to come across as a fiscal moderate. >> that is senate minority leader mitch mcconnell, who has made no secret of his hope that president obama is a one-term president, but as mark said last week, at least he is honest about it. some democrats are a
to call on plans for rupert murdoch's bid for the bskyb to be abandoned. this report from our deputy political editor does contain flash cryptography. >> here is gordon again in downing street with his daughter elisabeth next to him. and their top editor, rebekah brooks, the red hat on the right. for years a team brown stayed close. no more. the smiles fell away. using criminals to investigate his private life. >> i had my bank accounts broken into. ilesd my lawyers' f blanked. my tax returns went missing at one point. medical records have been broken into. i do not know how all this happened but i do know one thing, into of these instances, there is absolute proof that news international was involved in hiring people to get this information. i also know that the people they work with our criminals. >> court of mankind were looking for information about a flat in this london street in the early 1990's. he said he paid the market rate. the sunday times conceded not. >> are you considering resigning? >> he is not resigning. his newspaper had been out to bring brown down as a government
of responsibility. >>> media baron rupert murdoch has abandoned his attempt to take over bskyb. it was dropped after all the parties in parliament called on murdoch to dump his plans to pursue it. at least four members of the u.s. congress want the government to investigate whether u.s. citizens were victims of phone hacking by murdoch's media outlets. international journalists were attempted to hack into the phone messages of 9/11 victims. > ruling party officials say mr. salih will go back after he's 4 surgery. >>> those are the headlines. those are the headlines in cnn in london. "world business today" starts now. >>> very good morning to you from cnn rome. >> and good afternoon from cnn hong kong. i'm pauline chu and this is "world business today." these are the top stories on this thursday, july 14th. running on empty and running out of time on both sides of the atlantic. there's a tense stalemate in washington as lawmakers fail yet again to head off the looming debt default. >>> meanwhile, italy races to push through austerity measures and restore confidence in the country's economy. >>> plus,
david cameron, and the culture secretary on either side of rupert murdoch. the pressure is rising on the media mogul. it was britain's worst peacetime act of terrorism. but now, there are concerns that families of those killed on 7/7, in 2005, were also eavesdropped upon by the british tabloid, "news of the world." graham lost his son, david, in the attack. and says his phone may have been hacked by reporters. >> the thought that somebody may have been listening to me begging for david to phone home. i thought we were in a dark place and i didn't think anybody could make it darker. but i'm proved wrong. >> reporter: the phone hacking scandal is so shocking, it's prompted an emergency debate in britain's parliament. >> it's make the public. and i feel so appalled by what's happened. murder victims, terrorist victims, who had their phones hacked. that's why there's a full police investigation, with all of the powers they need. we have the inquiries to get to the bottom of what went wrong. >> reporter: it's put former "news of the world" editor, rebecca brooks under incredible pressu
surrounding rupert murdoch's media empire is growing today, amid new accusations of hacking at another murdoch-owned publication. possible victims now include former british prime minister, gordon brown, and members of the royal family. as nbc's stephanie gosk reports, the scandal is now threatening the newscorp. chairman's other business ventures. >> reporter: rupert murdoch rushed to london, hoping to minimize the damage to his media empire. but it's looking more and more like there is little he can do. allegations reportsed in the british press, a claim that one of the officers protecting the royals sold a list of the family's phone numbers to the "news of the world." and a source close to former prime minister gordon brown, alleges that the sunday "times," another murdoch newspaper, illegally pursued brown's financial and medical information. >> there is an element about all this that is personal, gordon brown, for example, was very bitter that rupert murdoch didn't back him in the election. he seems to be having his revenge. >> reporter: closing down the "news of the world" firing employe
>> this is "bbc news america". herber murdoch said he will appear before a british lawmakers on the phone hacking scandal. the fbi starts its own investigation in the u.s. the airline forced into hiding. a crackdown in syria continues, we cross the border to get a look at how thousands of families are living. paying a hefty price for some of jane austen's pages. an early manuscript is in the hands of the highest bidder. let me start by telling you to mark your calendars. next tuesday the embattled media titan rupert murdoch and his heir apparent jane will appear before british lawmakers. sending shock waves far and wide. the fbi has opened an investigation into allegations that murdoch's news corp. saw to hack into the phones of september 11 victims. we start tonight's coverage with this report from our deputy political editor. >> parliament has costumed the news of the -- to answer the questions of the mp's of why so many were hacked. >> my message to rebekah brooks is do the decent thing. it cannot hide away from this level of public english. >> they were reluctant witnesse
but faded. >> steve rosenberg, bbc news, moscow. >> the deputy prime minister has asked rupert murdoch to do the decent and sensible thing and to reconsider his bid to take over satellite television channel bskyb. clegg spoke after meeting the families of thithey schoolgirl -- the schoolgirl. this is a subject that's touching all of us, not only in the social media world, but also in the business world. >> absolutely. the pressure is unbelievable at the moment. i will talk about the share prices in a moment. this is what investors are looking at at the moment. the cultural cemetery of britain says he will not make a rush decision. we know he has written to regular -- written to regulators seeking advice. there's speculation that the takeover will be referred back to the competition commission, which could involve a lengthy investigation into whether mr. rupert murdoch, news corp., his management team would be proper to own bskyb. clegg made those comments a few moments ago. let's listen to what he said about this deal. >> the bskyb bid -- rupert murdoch is now in town in london. i would simp
. >> two "news of the world" executives are disputing rue put murdock's testimony. they say murdoch misled the committee last week when he said he was not i ware that the hacking went beyond an e-mail. >>> the steamy heat that's been roasting the midwest, u.s., is now heading to the east coast. some 60 temperature records were shattered on saturday. they blame the heat for at least two deaths. in minneapolis the marquis reads we have air conditioning. who cares what's playing. those are the headlines from cnn, the world's news leader. i'm monita rajpal. "world business today" starts right now. -- captions by vitac -- www.vitac.com >>> good morning from cnn london, i'm nina dos santos. >> and from cnn hong kong, i'm manisha tank. these are the top stories on july 22nd. >>> now the real test is what do investors have to say about it. >>> deadlocked. debt talks may be little progress as a default deadline gets closer. >>> and the uk phone-hacking scandal takes dramatic new twist as james murdoch is accused of misleading mps. >>> before all that, a bailout and a default of sort. european leade
. >>> and murdoch's media empire on the brink on the allegations that they spied on very important people. woman: saving for our child's college fund was getting expensive. man: yes it was. so to save some money, we taught our 5 year old how to dunk. woman: scholarship! woman: honey go get him. anncr: there's an easier way to save. get online. go to geico.com. get a quote. 15 minutes could save you 15% or more on car insurance. with new extra-strength bayer advanced aspirin. it has microparticles, enters the bloodstream faster and rushes relief to the site of pain. it's clinically proven to relieve pain twice as fast. new bayer advanced aspirin. >>> america waits and the clock continues to tick down, but there are no clear signs that our leaders will resolve the country's debt crisis before that august 2nd deadline and in fact, the more we hear from both sides the more apparent it is that no one is likely to budge. clarence page is a pulitzer prize winning syndicated columnist for the ""chicago tribune"" and he joins us now. it is all too soon, the president calls a meeting on the debt ceiling
for joining us. >>> rupert murdoch facing new allegations of slesing reporting tactics. two more of his newspapers engulfed in scandal. live images now as two crew members from the international space station begin a lengthy list of chores. >>> cia plot revealed in the chase of osama bin laden. we will tell you about the fake vaccination drive to collect dna samples. >>> we begin this morning with the most powerful media empirs in the world rocked by a scandal that grows deeper and wider. two more of rupert murdoch's newspapers in great britain now face their own accusations of appallinging wrong doing. their report target no less than the royal family and a former prime minister. in fact, gordon brown says the paper had links to criminals in order to hack into his bank accounts. and the medical records of his seriously ill son. meanwhile, members of parliament are demanding tough answers from police. how do they not uncover a hacking conspiracy that could mushroom to thousands of victims? let's get the latest from rivers live in london. they are asking murdoch and his son to testify? >
on the right with rupert murdoch on the left. she could be questioned by police today. les hinton told investigators in 2007 that the firm hiking was limited to one reporter. news internation nal said that that conclusion was based on an examination of 2,500 e-mails. but the shocking resch lagss continued to pile up and i suppose the rest is history and now media mogul rupert murdoch has flown no to take part in what is just a mench. he's trying to save the takeover of his british sky broadcasting known as b sky b. it does have the backing of news corps. despite that monday's independence says the deal appears, quote, dead in the water, pauline. >> well, charles, let's take a look at how all of this has affected the stock. it's dented news corps shares. it was one of the worst performing stocks on the sydney today, down 5.1%. at the close on this monday, it was selling at 15 aussie dollars. with the deal in question, it could slide even further. charles? >> don has been following this saga and joins us outside the house of commons. dan, what is the mood. is there a mood to stifle this
brown claimed in an interview that the "sunday times" also part of the murdoch empire hire criminals to obtain the information. there is some flash photography. >> here is gordon that downing street with rupert's starter next to him and the top editor on the right. for years, team brown stayed close to t murdoch. no more. peace miles fell away. gordon brown accused them and their newspaper of using criminals to investigate his private life. >> some were getting information from my lawyers. like a tax attorney said that medical records have been broken into. i do not tell how all of this happened. in two instances, there is absolute proof that news international, was involved in hiring people to get this information. ith people that the work wa our criminals. >> this is the editor of "the sunday times." in a statement tonight, they believe ethanol law was broken, no criminal was used edie story was published giving both sides of the hearing. he attacked the way it reported that his youngest son was suffering from cystic fibrosis. the revelation was not legitimate. they left him -- >>
the empire of media mogul, rupert murdoch. >>> and bench-clearer, a brawl breaks out at a minor league matchup in washington state, good morning, i'm lynn berry, those stories and more are straight ahead. this is "first look" on msnbc. >>> we begin this morning with deficit dirty work. another day of high-level debt talks at the white house yesterday. and congressional leaders seem no closer to a compromise deal. however, president obama did add a degree of clarity to the seemingly stalled steps to keep the country out of default. ruling out any talk of a stop-gap plan. nbc's kristen dahlgren joins us from washington with more. kristen, good morning. >> good morning, lynn. another day, another meeting, another deadlock on a deal of trying to raise the debt ceiling. they'll try again, meeting again today, but with three weeks to go until the august 2nd deadline, it doesn't seem that they're moving closer. still far apart on the issue of spending cuts and taxes. in a news conference yesterday, the president said he would be willing to put the democratic sacred cows of entitlement like so
this morning that we're going to get to as well as rupert murdoch and his media empire. what's going on with that. >> this is extending, by the way, to "the times" of london? >> yes, the big story. >> the other players, this is earth shattering. i thought the big thing -- i thought it was about one tabloid. whew. this is so serious. >>> ahead this morning, we're going to bring in the ranking member of the budget committee, congressman chris van hollen. and oil tycoon t. boone pickens will be here. eugene robinson. >> by the way, on that story, i mean, they're not tapping the phones of the british prime minister, but they're -- they're trying to get his records -- >> may be an institution that has rot on the the core. it is a big problem. >> medical records. >> bank accounts. >> after the break, politicos, top stories of the morning. but first, bill karins with a check on the forecast. bill? >>> well, mikka, beautiful weather out there if you love heat and humidity. this is summertime at its greatest or at its worst depending on how you look at it. conditions in the east coast. it wil
the "news of the world" hacking scandal is the talk of the nation. both political parties say rupert murdoch should drop his bid to buy a major satellite broadcaster. prime minsters david cameron wants an inquiry. they've called for murdoch, his son james and a former editor of the newspaper to testify before parliament this week. >> there are an awful lot of questions as to why this continued for so long, who authorized it, the extent of the activity, not just now, but also, we understand in other international newspapers, possibly even wider. there are an awful lot of questions that have to be addressed. >>> the scandal has torpedoed shares in murdoch's company. news corp's shares are down 14% since july 4th. >>> police in florida arrested a plan they think shot and killed a priest. apparently the suspect made the manhunt pretty seize zi. jeremy mariani gunned down the priest at a beach house in mississippi, stole the money and the car and took the family to disney world. the s.w.a.t. team nabbed him outside of world. >>> quickly, let's talk about the alleged tucson gunman, loughner. a fe
that brought down -- that is bringing down parts of rupert murdoch's news empire. i'll get you more on that in just a moment. i wish i could say there's big news about the debt ceiling talks. i can't tell you that. there's more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn't go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don't call my bluff, eric. and then he walked out a few minutes later. president obama said all along he'd veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to that debt ceiling issue and the possibility of default you're on notice. i'm on notice. everyone from maine to san diego is on in. moody's investor services, the debt rating agency plans to review the nation's aaa bond rating and might downgrade it from stable to negative. standard & poors has the u.s. b
and about rupert murdoch's aborted bid for b-sky-b-- british sky broadcasting. we start with a report from gary gibbon of "independent television news." >> reporter: rupert murdoch flew the prime minister postponed parliament's summer break by a day to try to re-establish his own standing with a statement and debate. after two weeks of resisting pressure for a full-scale apology for hiring andy coulson david cameron edged towards one and he said people would hear the full genuine article if andy coulson was found to have lied. >> i have an old fashioned view about innocent until proven guilty. but if it turns out i've been lied to that would be a moment for a profound apology. and in that event i can tell you i will not fall short. people will of course make judgements about it. of course i regret and i am extremely sorry about the furore it has caused with 20/20 hindsight and all that has followed i would not have offered him the job and i expect that he would not have taken it. but you don't make decisions in hindsight. you make them in the present. you live and you learn, and believe yo
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